India's net direct tax kitty jumps 16.4 per cent to Rs 6.51 lakh crore

India’s net direct tax collections recorded a robust 16.4 per cent year-on-year growth to Rs 6.51 lakh crore as of July 13 in the current financial year, driven by higher corporate tax, non-corporate tax, and securities transaction tax (STT) collections, according to figures released by the Income Tax Department on Tuesday.

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